Portrait of Pedro Moreira Salles

Rank #401

Pedro Moreira Salles

Net worth $8.9B

Banking, minerals · Brazil

Born
Oct 20, 1959
Age
66
Source
Banking, minerals
Residence
Sao Paulo
Citizenship
Brazil
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, University of California, Los Angeles

Net worth over time

Biography

  • Pedro Moreira Salles is a member of one of Brazil's oldest banking families.
  • His late father, Walther Moreira Salles, was the founder of Unibanco and a former ambassador to the United States.
  • In 2008 Unibanco merged with Itau, one of Brazil's largest commercial banks, creating Itau-Unibanco, the largest private sector bank in Latin America.
  • Moreira Salles and his three brothers, all billionaires, also own stakes in CBMM, the world's leading supplier of the mineral niobium.
  • Moreira Salles is co-president of Cambuhy, a private equity firm he founded in 2011 with three other financiers.<br>
  • He is chairman of the board of Alpargatas, maker of the popular Brazilian flip-flop brand Havaianas.

Financial assets

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